Rockport Cultural Arts District
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 61,360 | 4,063 | 57,297 | 169.2 | — |
| 2018 | 159,676 | 109,007 | 50,669 | 11.9 | — |
| 2019 | 232,763 | 227,647 | 5,116 | 6.0 | 31% |
| 2020 | 173,040 | 137,922 | 35,118 | 12.9 | — |
| 2021 | 285,351 | 180,286 | 105,065 | 16.9 | 42% |
| 2022 | 252,148 | 168,222 | 83,926 | 24.1 | 45% |
| 2023 | 261,701 | 251,505 | 10,196 | 16.6 | 30% |
In its most recent public year (2023), this organization brought in $10,196 more than it spent. Its reserves stood at about 16.6 months of spending, down from 169.2 in 2017. Staff pay was 30% of spending. $43,728 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Rockport Cultural Arts District's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works